CBiz buys Missouri firm

CBiz Inc. (Nasdaq: CBIZ), a professional services firm based in Independence, said it acquired Burnham, Colman, Kaelin & Walker, an insurance agency based in St. Joseph, Mo. The deal took effect April 1.
Burnham has 39 employees in St. Joseph and Kansas City, Mo., and it posted revenue of about $5 million during the past 12 months, according to a CBiz news release. It offers property and casualty, commercial bonds and employee benefits primarily to the agriculture, construction and printing industries.
"BCK&W represents precisely the sort of company we seek, said Steven L. Gerard, CBiz chairman and CEO, in a statement.
Burnham, Colman, Kaelin & Walker president Scott Burnham leads a young, aggressive and talented team that has created a strong presence in their marketplace, Mr. Gerard said. Adding their property and casualty capabilities to our already robust and expansive base in the Kansas City market will greatly benefit our clients.